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Posts Tagged ‘Branding’

Lead Management: The Weak Link between Marketing and Sales

February 2nd, 2010
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weak linkThe ultimate goal of marketing is to gain new customers. You spend both money and resources to educate your prospects about why your products and services are the best out there. The problem is that most of the time, people seeing your ads or reading your whitepapers and press releases aren’t entirely ready to commit. They need guidance, encouragement. The application in your case study is really interesting, but they may not have that specific application right now.

It’s these situations that expose the weak link between marketing and sales; the gap that exists between broad marketing techniques and closing a sale. You’ve met your marketing communications goal by targeting the right audience and gaining interest, but you aren’t quite ready for the sales team to take over. You’re stuck in the “in-between” when there isn’t one specific person responsible for the next phase.

Often, leads are passed on to sales without a second thought about whether or not all critical data has been obtained. A sales person gets incomplete information or a contact that isn’t ready to move to the sales-side of the deal, so the sale doesn’t move forward. How can you turn an inquisitive reader into a real buyer?

Fortunately, when given some light, that “in-between” grey area of lead management can reveal tried-and-true steps to follow. Lead management can educate buyers, help you understand your customers’ needs and ultimately generate revenue when a comprehensive and effective strategy is used.

These simple steps can turn that weak link into one of your most effective strategies by coordinating efforts between the marketing and sales teams. One group or one individual just won’t have the time, or the knowledge, to take care of everything.

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Articles, Online Marketing , , , ,

Mixing in Social Media: An Ingredient for B2B Marketing

December 7th, 2009
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Social Media iconsThe list of social media is virtually endless, with big names like Facebook, Twitter and LinkedIn dominating the landscape, and the infinite amounts of blogs on every topic imaginable.  All of these different social media sites have one thing in common; they never deject conversation, comments and feedback as many consumers feel email and other websites do. In fact, they encourage interaction.

B2B marketers should view social media as a new way to interact directly with customers, in addition to employing traditional marketing techniques to generate even more brand awareness.

Follower-Driven
Social media can take traditional electronic communications, such as email, to the next level. On Facebook and Twitter you can encourage customers and prospects to follow you and be on the look out for your news and product announcements to help generate buzz early on by providing useful content and pertinent updates.

Community-Based
A B2B blog can be another useful type of social media by surpassing the one-sided limitations of a mass distributed press release to provide different elements not available with traditional press release distributions.

A B2B blog can provide:

  • A user-friendly environment
  • Two-way conversation capability
  • Increased SEO (search engine optimization)
  • Daily exposure to unique users

And, B2B blog users do not need to be confirmed as “friends”, like on Facebook or a fellow “tweeter” on Twitter, or even on the PR or marketing firm’s exclusive e-mail lists, so many times this format is viewed as a less intrusive means of communicating on industry happenings and technology developments.  It can also encourage a good problem/solution community, where customers and the company alike can share information to make products and services better and align future development with specific industry needs.

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Articles, Online Marketing , , , ,

The Importance of an In-depth Media Analysis for B2B Advertising

December 2nd, 2009
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image of graphs and chartsAdvertising may seem expensive, but when done correctly, it’s a great way to broaden your company’s brand awareness and increase sales, especially in down economic times when your competition may be cutting back on their frequency or ad sizes!

As part of an integrated marcom program, advertising is a highly effective way to get your message seen by customers and potential customers. Because you specifically control the message and where it appears, it tends to be more expensive than other marcom tactics, like PR.

And it’s interesting to note that most publications carry separate circulations for their online readers and print readers. There is still a subset of people that rely on print to learn about emerging technologies and products, while others rely more heavily on websites and e-newsletters.

Determining where to advertise can be a bit tricky. Here are three helpful hints to make your advertising program more effective.

First, determine your target audience; who do you want to reach? Narrowing your target audience helps you identify what trade magazines and web sites fit your company best. Look past the raw number of people that receive the publication as well as the click-throughs and impression statistics typically found in a media kit and understand who is reading the magazine or visiting a web site. Pick a publication where the circulation is representative of your target audience – job title, industry or market segment, what products they specify or other relevant criteria. Independent third party audits, such as BPA or ABC statements, are a great source of data if they are available, but there are other ways to obtain this info, too!

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Advertising, Articles , , ,

Data on the Value of Marketing through Economic Downturn!

November 16th, 2009

By Marty Simon – CEO

The marketing communications business has seen a lot of business cycles come and go in the last 40 years…even a few recessions. Through it all, we’ve seen that clients who remained aggressive in their marcom efforts during downturns come back stronger and faster than those who cut back on marcom expenses.

We used to think this was only anecdotal based on our clients’ experiences. But it’s really much more than that. Research over the years has proven precisely what we’ve observed.

A few weeks ago a summary of research in just this area landed in our email. It tracked four recessions since 1970 and the impact that marcom expenditures had during those downturns. It showed the same trends for the country as we saw in our clients: those who maintained or increased marcom budgets during the recessions fared far better than those who trimmed their marcom costs.

If you think about it, it just makes sense…you get a bigger bang for your marcom buck because your competition is cutting back and you’re not. That’s a simplified view for sure, but it seems to be the essence of the strategy! The research is everywhere…search your favorite marketing resource or view the studies we read at www.gtms-inc.com and www.americanbusinessmedia.com.

Thanks to Go-to-Market Strategies and American Business Media for this valuable research!

Articles, Integrated Marketing , ,

Gaining Ground During Unstable Times

July 22nd, 2009
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Nissen Isakov - President of LCR ElectronicsBy: Nissen Isakov, President, LCR Electronics, Norristown, PA

Building a company requires knowledge of several business sectors, from design and development to production and customer service. One important aspect is all too often left at the end of the to-do list: marketing efforts. Creating products, incorporating the latest technologies into them and offering supporting services always comes first, but the next step is letting your customers, and potential customers, be aware that these items are available from your company

Once you have in place the right products, services and infrastructure to support them, you have to get the word out. Establishing a marketing plan is a comprehensive way to ensure the right people know about your business.

For years we performed in-house marketing: print ads, online ads, website management. We thought we were handling ourselves fairly well, never thinking that as a small business we could afford the services of an outside agency. Although the company has had a history of steady growth, with the downturn in the economy, we realized that we needed the help of a professional marketing company. It was a natural part of moving our business forward.

After reviewing and interviewing multiple agencies, The Simon Group sold us on one main point: they knew our products, our markets, our industry. We knew the only way to move into the future effectively and efficiently with a new marketing agency was by working with a group of people already well established in our target markets. And of course, their great personalities helped, too.

Immediately, The Simon Group proved how well an integrated marcom plan can work. We graduated from an internal plan narrowly focused on advertising and website management to one that also included an extensive public relations (PR) program, greater emphasis on our website, tactical print and online advertising with The Simon Group’s Strategic Marketing and Planning (SMAP™) Program, direct mail and continued support and research in all areas of marketing.

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Articles, Integrated Marketing , , ,